"Next move higher in Gold looks imminent"
In a short report from CitiFX yesterday, the analysts state the following... "We continue to believe that this leg in the bull market in Gold can take us above $1,300 and that eventually we can see levels above $2,000. To us, the present set up looks like it is poised to accelerate to the [upside]. A break of $1,135-1,145 would strongly support this view and suggest a quick move to re-test the December 2009 high at $1,226." There's no link to this, as it was obviously meant for some of Citigroup's private clients... as it's not posted anywhere I can get at it. Citigroup has a very minor short position in the precious metals market... a few percent at most... and are not one of 'da boyz'.